3 hours ago3 hr 2 hours ago, Cult Icon said:100% accurate in the case of the US. I think it's mainly because higher education is private/public and there is no quota like in other countries who limit the size of say, the number of people in this field or that based on the market size in their country. So what happens is that 60% + get a college degree and of course the human resources are mismatched with the economy, which is dystopian capitalist slave system which pays people as little as possible.Also the statistics the gov't claims for unemployment are dubious, have been for decades. During the great recession/Obama recovery people struggled to believe the figures were real and not propaganda. Even 10% unemployment seemed 2 times too low. Also part time work re-classified as employment in the Obama years etc. to present the image of a 'recovery'. Overall information technology has decimated the middle class.That's capitalism’s idea of fun, apparently.
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